fractal72
Long

Bitcoin 4w forecast

HUOBI:BTCUSD   Bitcoin / Dollar
292 0 4
On Huobi 1D cup and handle is forming. Cup is about 16 weeks long, range 3758 - 5180. The finex hack down spike is not considered, staying on the conservative side for TP. Handle is just started to forming. About 30% retracement is done, within 4 weeks testing the top again. If volume confirms the breakout than the target price is about 6600Y/985USD.
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